Rupee Crisis

Rupee at 66: Why 'shorting India' is the 'in' thing for hedge funds

India has provided great returns to bears across assets. Shorting India is making money now. The question is when will the tide turn?

Rupee deposits: Why should NRIs be paid more than us?

The market for money is being completely distorted by a government running helter-skelter for dollars.

Forget dollar, Re 1 = 1.5 cents. Why India needs a new rupee

The rupee has fall to less than one-hundredth its purchasing power since 1947. It is time to create a new rupee where the old Rs 100 equals the New Re 1

Rupee hits 64: Five lessons from an avoidable man-made disaster

It is not going to be easy rescuing the rupee in the short-term, but the whole world can learn how not to deal with a currency crisis from our example

As rupee plummets, govt bans duty-free import of TVs by airline passengers

India will ban the duty-free import of flat-screen televisions from 26 August, the government said in a statement on Monday.

RBI's panic moves trigger market, rupee mayhem

The RBI's ill-advised move to bring in capital controls has sent the markets into a panic. The moves have worsened a difficult situation

Capital control: As RBI shuts door, more investors may flee India

For the first time since mid-2007, the advanced economies of Japan, the US and Europe are contributing more to growth in the $74 trillion global economy than the BRIC economies of China, India, Brazil, and Russia, according to Bridgewater Associates, which manages $120 billion in global investments.

Why Chidu's quasi-sovereign bond issue is a stupid idea

A few months ago the country abandoned the idea of floating a sovereign wealth fund as infeasible. Now it wants to borrow through a quasi-sovereign fund - a 180-degree swing.